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Washington Today
By the People, for the People
Blue Moon Metals Closes Acquisition of Gage Project in Utah, Appoints New SVP
The mining company has completed the purchase of the Gage Project in Washington County, Southern Utah and named Reza Ehsani as its new Senior Vice President of Projects.
Apr. 2, 2026 at 11:34am
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Blue Moon Metals Inc. has successfully closed its previously announced acquisition of the Gage Project, located in Washington County, Southern Utah, USA, from Liberty Gold USA Inc. The company also appointed Reza Ehsani as its new Senior Vice President of Projects. Ehsani has over 29 years of experience in the mining, oil and gas, and infrastructure sectors, and will play a key role in advancing Blue Moon's project pipeline.
Why it matters
The Gage Project acquisition expands Blue Moon's portfolio of polymetallic projects, which include critical metals like zinc, copper, tungsten, germanium, and gallium. The appointment of Reza Ehsani as SVP of Projects signals Blue Moon's commitment to technical expertise and execution as it moves its projects towards construction and operations.
The details
As part of the Gage Project acquisition, Blue Moon issued 420,935 common shares to Liberty Gold USA and assumed a 4% production royalty on non-fissionable materials and an 8% royalty on fissionable materials from the SITLA leases. Blue Moon also granted Liberty Gold USA a 2% net smelter returns royalty on mineral production from the claims, with an option for Blue Moon to repurchase 1% of the NSR for $2 million.
- The acquisition closed on April 2, 2026.
- Reza Ehsani was appointed as Senior Vice President, Projects as part of the closing.
The players
Blue Moon Metals Inc.
A mining company advancing several polymetallic projects, including the Gage Project in Utah.
Liberty Gold USA Inc.
A subsidiary of Liberty Gold Corp. that sold the Gage Project to Blue Moon Metals.
Reza Ehsani
The newly appointed Senior Vice President of Projects at Blue Moon Metals, with over 29 years of experience in the mining, oil and gas, and infrastructure sectors.
What they’re saying
“We are pleased to announce Mr. Ehsani's appointment to Senior Vice President, Projects. Over the past year, Reza has been instrumental in advancing our project pipeline, and this appointment reflects both his contributions to date and the critical role he will continue to play as we move into the next phase of development. His technical expertise and execution-focused approach will be key as we progress our projects toward construction and operations.”
— Christian Kargl-Simard, CEO of Blue Moon Metals
What’s next
Blue Moon will continue to advance the Gage Project and its other polymetallic projects towards construction and operations, leveraging Reza Ehsani's expertise in his new role as Senior Vice President of Projects.
The takeaway
Blue Moon's acquisition of the Gage Project and appointment of an experienced mining executive as SVP of Projects demonstrates the company's strategic focus on expanding its portfolio of critical mineral assets and strengthening its technical leadership as it progresses its development pipeline.
